AI Financial
Coverage of AI Financial in the Nexus archive.
- Don't call us just a WLFI treasury company, says AI Financial
AI Financial is pushing back against being classified solely as a WLFI (Working Level Financial Institution) treasury company, suggesting the organization has broader capabilities and services beyond this narrow categorization.
- WLFI treasury firm AI Financial posts $271 million quarterly net loss, flags doubt over survival within one year
AI Financial posted a net loss of $271.5 million for the quarter ended March 28, compared to a net loss of $2.4 million a year earlier, raising doubts over its survival within one year. The significant increase in net loss is a major concern for the company. AI Financial's financial performance has deteriorated significantly
- Trump-tied public crypto company buys startup from one-time "cannabis king" who serves as current advisor in deal worth up to $43 million
AI Financial, a publicly traded crypto firm linked to Donald Trump’s family, acquired Block Street, a crypto infrastructure startup, for up to $43 million. Matthew Morgan, AI Financial’s advisor and Block Street’s founder, previously served as chief investment officer before a leadership reshuffle. The deal follows a prior agreement with Trump family company World Liberty Financial to hold $1.5 billion in cryptocurrency.